Q2 2026 · SEC CIK 0001641864

Francois Rochon portfolio

SuperinvestorWealth managerGiverny Capital Inc. filed on 2026-08-14. Open SEC filings ↗

Reported 13F value: $3.0B
Reported positions: 51
Eligible equities: 47
Holdings vs S&P 500, 3 years: -5.7 pts

Average holding period of the top positions: 7.7 yrs. Holdings vs the S&P 500 over 1 and 5 years: -10.1 pts, -3.9 pts.

In its Q2 2026 13F, filed 2026-08-14, Giverny Capital Inc. reported 51 positions worth $3.0B. Its largest holdings were ALPHABET INC C (GOOG, 7.2%), HEICO CORP NEW (HEI-A, 6.4%), META PLATFORMS INC (META, 5.7%). Over the last 3 years its top holdings ran 5.7 points a year behind the S&P 500.

Reported holdings in the Q2 2026 13F.

The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.

Francois Rochon eligible holdings
Stock	% of reported portfolio	Prior quarter	Weight change	Reported shares	Reported value
GOOGALPHABET INC C	7.2%	6.5%	+0.67 pp	605,460	$213.9M
HEI-AHEICO CORP NEW	6.4%	5.7%	+0.67 pp	735,248	$189.6M
METAMETA PLATFORMS INC	5.7%	6.4%	-0.71 pp	302,888	$170.6M
SCHWSCHWAB CHARLES CORP	5.2%	5.3%	-0.07 pp	1,681,567	$155.2M
ADPAUTOMATIC DATA PROC INC	4.9%	3.1%	+1.81 pp	654,556	$146.6M
AMEAMETEK INC	4.9%	4.8%	+0.07 pp	598,781	$144.9M
MEDPMEDPACE HOLDINGS INC	4.5%	4.5%	+0.02 pp	253,931	$134.5M
VVISA INC	4.5%	4.4%	+0.11 pp	389,900	$133.8M
BRK-BBERKSHIRE HATHAWAY INC DEL	4.2%	6.6%	-2.46 pp	248,447	$124.3M
PGRPROGRESSIVE CORP	4.0%	3.8%	+0.15 pp	542,292	$118.5M
GOOGLALPHABET INC	3.7%	3.7%	+0.06 pp	310,118	$110.8M
FIVEFIVE BELOW INC	3.6%	5.2%	-1.55 pp	598,122	$107.5M
BKNGBOOKING HOLDINGS INC.	3.1%	3.3%	-0.12 pp	522,664	$93.2M
IBPINSTALLED BLDG PRODS INC	3.1%	3.9%	-0.85 pp	397,662	$91.4M
NVRNVR INC	3.0%	3.3%	-0.26 pp	13,238	$90.2M
KNSLKINSALE CAPITAL GROUP IN	2.7%	2.7%	-0.07 pp	240,731	$79.4M
BFAMBRIGHT HORIZONSFAMILY SOLUTION	2.6%	2.2%	+0.34 pp	1,080,793	$76.6M
RMDRESMED INC	2.5%	1.9%	+0.65 pp	387,665	$75.5M
OZKBANK OZK LITTLE ROCK ARK	2.1%	2.1%	+0.03 pp	1,198,116	$62.4M
MKLMARKEL CORP	2.0%	3.0%	-0.98 pp	30,877	$60.3M
ANETARISTA NETWORKS INC	1.9%	1.9%	+0.04 pp	339,892	$57.7M
KEYSKEYSIGHT TECHNOLOGIES INC	1.7%	3.3%	-1.66 pp	143,072	$50.1M
DISDISNEY WALT CO	1.7%	1.9%	-0.23 pp	515,567	$49.6M
BROBROWN & BROWN	1.6%	1.8%	-0.18 pp	753,288	$48.3M
ADIANALOG DEVICES INC	1.2%	2.0%	-0.75 pp	93,310	$37.1M
NYTNEW YORK TIMES CO-A-	1.1%	—	—	484,424	$33.9M
LFUSLITTELFUSE INC	1.1%	1.0%	+0.13 pp	74,125	$33.8M
MSAMSA SAFETY INC	1.0%	—	—	166,305	$29.0M
WSOWATSCO INC	0.9%	—	—	65,975	$27.5M
AAONAAON INC	0.9%	0.6%	+0.26 pp	204,779	$26.0M
SUNBSUNBELT RENTALS HOLDINGS	0.7%	0.6%	+0.08 pp	246,369	$21.6M
VEEVVEEVA SYSTEMS INC CL-A	0.6%	—	—	94,956	$16.9M
AXPAMERICAN EXPRESS CO	0.5%	—	—	46,702	$15.8M
TWFGTWFG INC	0.5%	0.4%	+0.16 pp	652,452	$15.7M
JPMJPMORGAN CHASE & CO	0.5%	0.6%	-0.04 pp	47,876	$15.7M
MAMASTERCARD INCORPORATED	0.5%	0.5%	-0.02 pp	28,816	$14.8M
LULULULULEMON ATHLETICA INC	0.5%	0.8%	-0.31 pp	128,803	$14.7M
FNDFLOOR & DECOR HLDGS INC	0.5%	0.4%	+0.03 pp	229,867	$13.6M
HWKNHAWKINS INC	0.5%	—	—	94,954	$13.5M
FERGFERGUSON ENTERPRISES INC	0.3%	0.3%	-0.02 pp	37,380	$8.9M
BLDRBUILDERS FIRSTSOURCE INC	0.3%	0.3%	-0.00 pp	91,464	$8.2M
BRK-ABERKSHIRE HATHAWAY INC DEL	0.2%	0.3%	-0.06 pp	9	$6.7M
AAPLAPPLE INC	0.1%	0.1%	-0.01 pp	12,995	$3.8M
TSMTAIWAN SEMICONDUCTOR MFG LTD	0.1%	0.1%	-0.04 pp	3,655	$1.7M
YUMCYUM CHINA HLDGS INC	0.1%	0.1%	-0.01 pp	36,036	$1.5M
MSFTMICROSOFT CORP	0.0%	0.0%	-0.00 pp	1,787	$667K
CPRTCOPART INC	0.0%	0.0%	-0.03 pp	8,274	$233K

What Francois Rochon bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +8.4% /yr; S&P 500 +20.1%
3 years: +12.1% /yr; S&P 500 +18.9%
5 years: +5.8% /yr; S&P 500 +10.3%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Questions about Francois Rochon's portfolio

What stocks does Francois Rochon own?

Giverny Capital Inc.'s latest 13F, for Q2 2026 and filed Aug 26, 2026, lists 51 positions worth $3.0B. The largest are Alphabet Inc (GOOG) at 7.2%, Heico Corp (HEI-A) at 6.4%, Meta Platforms Inc (META) at 5.7%, Charles Schwab Corp (the) (SCHW) at 5.2% and Automatic Data Processing in (ADP) at 4.9%.

What did Francois Rochon buy last quarter?

In Q2 2026, Giverny Capital Inc. added Booking Holdings Inc (BKNG) (+2375.1% shares), Resmed Inc (RMD) (+68.5% shares) and Automatic Data Processing in (ADP) (+56.2% shares), compared with its Q1 2026 filing.

What did Francois Rochon sell last quarter?

In Q2 2026, Giverny Capital Inc. cut from its top 50 M & T Bank Corp (MTB), cut from its top 50 Invesco Exchange Traded Fd T (RSP), cut from its top 50 Invesco Exch Traded Fd Tr II (QQQM), cut from its top 50 Birkenstock Holding PLC (BIRK), cut from its top 50 Old Dominion Freight Line in (ODFL), Keysight Technologies Inc (KEYS) (-55.7% shares), Taiwan Semiconductor Manufac (TSM) (-55.0% shares) and Analog Devices Inc (ADI) (-45.4% shares), compared with its Q1 2026 filing.

How has Francois Rochon's portfolio performed?

A portfolio copying Giverny Capital Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.1% a year over the last 3 years, against +18.9% for the S&P 500. Over 1 year: +8.4% against +20.1%. Over 5 years: +5.8% a year against +10.3%.

When is Giverny Capital Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Giverny Capital Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Giverny Capital Inc. manage?

Giverny Capital Inc. reported $2.7B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $3.0B.